Between 2012 and 2019, 9.8 million new households were formed while only 5.9 million single-family homes were built, according to Realtor.com. Even though new housing starts are increasing, it will take home builders 4 to 5 years to make up the almost 4 million home deficit and get back in balance with the market.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
